They Downsized in Michigan to Stretch Their Social Security. The New Tax Bill Ate the Whole COLA Raise.

They Downsized in Michigan to Stretch Their Social Security. The New Tax Bill Ate the Whole COLA Raise.

The post They Downsized in Michigan to Stretch Their Social Security. The New Tax Bill Ate the Whole COLA Raise. appeared first on 24/7 Wall St.. A couple in their late sixties sells the four-bedroom colonial where they raised their children outside Grand Rapids. The plan is simple: cash out the equity, move into a two-bedroom condo, drop the lawn service and snow plowing, and watch the property-tax bill shrink. Instead, the next summer’s tax st…